What is an RD loan?

By Forinfos - 04/03/2026 - 0 comments

An RD loan, also known as the Rural Development Loan or a USDA loan, is a home loan program insured by the government that allows buyers to purchase a house with no down payment. The RD loan provides qualified buyers with 100 percent financing and a low fixed interest rate.

As of 2014, to qualify for the RD loan, home owners need to pass eligibility tests in the three categories of credit worthiness, USDA loan income restrictions and location of the home that is to be purchased. The RD loan is only applicable in locations that have been designated rural areas by the USDA.

Login to Comment

Comments

Be the first to write a comment for this article.

Related Articles

What is a Stafford Loan? What is a hard money loan? What is a lutino lovebird? What is LordKaT Wiki? What color is Bordeaux? Who is Archlord Zerato? What is a Mardi Gras doubloon? How long is a yard? What is a MyLowe's card? What is a rewards catalog?

Trending Articles

How do you find a list of the top-rated American history books? How do you find a list of recommended books? Has Megyn Kelly of Fox News ever been married? Can you rent an action movie from a library? Was the movie "The Maze Runner" successful? Does Stephanie Zimbalist have children? How do you audition for a game show? Does the Parade magazine website maintain a database of recipes from old issues? How many songs has John Denver released? How does a person make a printable newsletter?